46. All mathematical models generally comprise which of the following types of variables;

A. uncontrollable variables
B. dependent variables
C. decision variables
D. All of the above
E. None of the above


Correct Answer: D. All of the above

47. Which of the following types of decision-making would depend heavily on real-time information?

A. strategic
B. tactical
C. operational
D. nonprogrammable
E. None of the above


Correct Answer: C. operational

48. If safety stock is 6 and the EOQ is 50, average inventory level is

A. 80
B. 86
C. 85
D. 90
E. None of the above


Correct Answer: E. None of the above

49. The MIS should be developed by

A. the manager
B. the information specialist
C. both (a) and (b)
D. neither a or b
E. None of the above


Correct Answer: C. both (a) and (b)

50. Considering all types of business, accounts receivable systems are not closely interrelated with the

A. cost accounting system
B. payroll system
C. sales order system
D. purchasing system
E. None of the above


Correct Answer: C. sales order system

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